Entering a holdback invoice

To enter a holdback billing:

  1. Open 4-2 Payable Invoices/Credits.

  2. Select Enter Holdback Invoice in the Options menu.

  3. Select a vendor in the Vendor dropdown menu.

  4. Click [Display Invoices].

  5. In the top right, do one of the following:

    • To enter billing amounts manually, select the Manually enter invoice amounts option and enter the amount in the Amount to Invoice column. When initially clicking the field in the Amount to Invoice column, a default value is shown. You can accept that value or enter your own amount.

    • To have the holdback remaining amount copied to the Amount to Invoice column for each invoice, select the Invoice All Remaining Holdback option and click [Calculate Invoice Amounts].

    • To adjust the remaining holdback to a percentage amount of the invoice total, select the Adjust remaining holdback to [___]% of Invoice Total option, enter the desired percentage, and click [Calculate Invoice Amounts].

  6. Click [Enter Invoice].

  7. In the 4-2 Payable Invoices/Credits window:

    1. Enter an invoice number in the Invoice# field.
    2. Enter the due date for the payment in the Due Date field.
    3. Enter the date when the discount will expire in the Discount Date field.
  8. On the File menu, click Save.